Goal of the proposal

This proposal aims at moving the remaining amount (100%) of the liquidity tokens currently owned by the DAO in Uniswap V2 UDT/WETH pool to a multisig owned by trustees . This transfer is a necessary step towards the end goal: migrate the current V2 liquidty position to the UDT/WETH Uniswap v3 pool (without risking a sandwich attack during the migration).

Current situation of the UDT/WETH V2 pool

Address: 0x9cA8AEf2372c705d6848fddA3C1267a7F51267C1

DAO's liquidity tokens in V2 pool

• total : 85116245781832601704
• to transfer:85116245781832601704

For reference, the total DAO's liquidity in V2 pool is 2117.913872974150943852 UDT and 18.76683586595037034 WETH.

About the proposal

The proposal contains a single call to the v2 pool transfer function that will transfer half of that liquidity tokens to the multisig - transfer(0xc3F2bcBE6fB42faC83dd8a42893C6c0B3809e070,85116245781832601704).

Once approved and executed, the tokens will be transferred. The 5 signers of the multisig will take care of migrating the v2 position to the v3 pool.

Thank you! The Unlock Team